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Epic Systems

Largest U.S. electronic health record (EHR) vendor, privately held by founder Judy Faulkner since 1979
Healthcare 📍 Verona, WI Founded 1979
Current Valuation
Private
as of 2024-FY
PRIVATE
Epic Systems is the dominant U.S. EHR vendor, holding the medical records of over 280 million U.S. patients (~85% of large hospital systems). Famously never raised venture capital - founder Judy Faulkner remains majority owner (Forbes lists ~43% stake, ~$7.8B net worth). 2024 revenue ~$5.7B, +16% YoY. No serious IPO consideration has been signaled in 45+ years of operation; Epic is included here as an unusual private giant in the EHR category.

Company Profile

CEO
Judy Faulkner
Founded
1979
HQ
Verona, WI
Employees
~13000
Est. Revenue
$5.7B (2024-FY)
Growth
+16% YoY
IPO Status
private

Founders & Key People

Judy Faulkner

Investors

None (founder-owned, no outside equity)

Products

  • Epic EHR (Hyperspace / Hyperdrive)
  • MyChart (patient portal)
  • Cosmos (de-identified research dataset)
  • EpicCare
  • Cogito Analytics

Competitors

Oracle Cerner · Athenahealth · Meditech · Allscripts
HealthcareEHRBootstrappedPrivately Held
Private-company numbers are not real-time. Reflects publicly disclosed valuations from press releases, news reports, and tender offers as of 2024-FY. Refreshed quarterly.